Orion Engineered Carbons (OEC) Tops Q1 EPS by 8c

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Orion Engineered Carbons S.A. Announces First Quarter 2020 Financial Results

May 7, 2020 4:30 PM EDT

HOUSTON--(BUSINESS WIRE)-- Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced its first quarter 2020 financial results.

First Quarter 2020 Highlights

Rapidly implemented business continuity plan and took actions to protect our employees and our production capability, support our customers, ensure supply chain stability and enhance our financial standing Enhanced financial flexibility by suspending dividend and bolstering cash position Net sales of $336.0 million compared to $384.7 million in the first quarter of... More